Explanatory Modeling: Price
Call:
lm(formula = In_Game_Price ~ Stock_Rating + speed + handling +
acceleration + launch + braking + Offroad + Horse_Power +
Weight_lbs, data = cheap)
Residuals:
Min 1Q Median 3Q Max
-1458185 -248391 -65967 84237 3712561
Coefficients:
Estimate Std. Error t value Pr(>|t|)
(Intercept) -343656.56 244562.73 -1.405 0.16057
Stock_Rating -2257.02 342.25 -6.595 1.06e-10 ***
speed 47059.09 37480.53 1.256 0.20985
handling 110059.46 44859.48 2.453 0.01448 *
acceleration 67787.59 30851.51 2.197 0.02845 *
launch -78038.70 20434.86 -3.819 0.00015 ***
braking 174395.16 35125.53 4.965 9.38e-07 ***
Offroad 45397.20 25003.29 1.816 0.07001 .
Horse_Power 857.04 131.99 6.493 1.99e-10 ***
Weight_lbs -33.34 23.18 -1.438 0.15102
---
Signif. codes: 0 '***' 0.001 '**' 0.01 '*' 0.05 '.' 0.1 ' ' 1
Residual standard error: 511500 on 512 degrees of freedom
(1 observation deleted due to missingness)
Multiple R-squared: 0.4204, Adjusted R-squared: 0.4102
F-statistic: 41.26 on 9 and 512 DF, p-value: < 2.2e-16
